In Slovakia it is possible to found unlimited company, limited partnership, limited liability company, joint stock company, simple joint stock company and cooperative.
Most often Slovak citizen and foreigner found limited liability company (LLC or s.r.o.).
LLC or s.r.o. may have a maximum of 50 shareholders.
Minimum registered capital is 5000 EURO.
Minimum value of shareholder’s contribution is 750 EURO.
Documents:
- Articles of association (it is required if the company has two or more shareholders)/Foundation Deed (it is required if company has sole partner) – all founders must legalize (verify) signatures
- Power of attorney for notification of Trade license and registration in the commercial register – first director must legalize (verify) signature
- Affidavit of shareholder/founder that he/she has permanent residence in other country – shareholder/founder must legalize (verify) signature
- Affidavit of foreign shareholder/founder that it is not required the consents of the tax office and Social Insurance Agency – shareholder/founder must legalize (verify) signature. If Slovak citizen is shareholder/founder, consents of the tax office and Social Insurance Agency will be required
- Affidavit that foreign shareholder/founder does not have execution in Slovakia and that he/she does not have to prove execution in Slovakia – shareholder/founder must legalize (verify) signature
- Affidavit that director does not have execution in Slovakia – director must legalize (verify) signature
- Notice of the director that registered capital has been paid – director must legalize (verify) signature
- Signature specimen of the director – director must legalize (verify) signature
- Declaration of the manager of contributions that contributions have been paid by all shareholders/founders – manager of contributions must legalize (verify) signature. Manager of contribution is founder so entrusted by the articles of association/foundation deed or bank (branch of the foreign bank)
- Approval on registration of the estate as the registered office of the company – all owners must legalize (verify) signatures
- If company has one shareholder, affidavit of sole partner that he/she is not a sole partner of a limited liability company in more than two limited liability companies is required – shareholder/founder must legalize (verify) signature
Notification of trades
Unregulated, crafts and regulated trades are existed in Slovakia. If you wish to register crafts and regulated trades, professional qualification must be proved. Professional qualification is not proved, if you wish to have unregulated trades.
Notification of unregulated trades is not charged. It is required to pay administrative fee 7,50 EURO for notification of each craft or regulated trade.
Trades are notified electronically.
E.g. buying and purchase of good, administrative services belong between unregulated trades. E.g. real estate activity belongs between regulated trades. E.g. manicure and pedicure, hairdresser belong between crafts trades.
Documents:
- Articles of association/foundation deed
- Power of attorney
- Documents proving professional qualification in case of notifying craft or regulated trade
- Consent of responsible representative in case of notifying craft or regulated trade
- If director and responsible representative are not Slovak citizen, it will be required to submit criminal record certificate of the country he/she is a national to or the country where he/she has stayed during last five years within six consecutive months. Criminal record certificate must not be older than 90 days. Foreign criminal record certificate must be with apostille or superlegalized and officially translated into Slovak by Slovak official translator. If you are in Slovakia more than six month, it is enough to submit Slovak criminal record certificate
District Office, Trade License Department will issue Trade License within three working days from the date of delivery of all required documents.
Together with notification of trades it will be required to ask for registration in the tax office. DIČ (tax identification number) will be issued.
Registration in the commercial register
Application form is filed electronically. Court fee is 150 EURO.
- Trade License
- Articles of association/Foundation Deed
- Power of attorney for notification of Trade license and registration in the commercial register
- Affidavit of shareholder/founder that he/she has permanent residence in other country
- Affidavit of foreign shareholder/founder that it is not required the consents of the tax office and Social Insurance Agency, or consents of the tax office and Social Insurance Agency
- Affidavit that foreign shareholder/founder does not have execution in Slovakia and that he/she does not have to prove execution in Slovakia
- Affidavit that director does not have execution in Slovakia
- Notice of the director that registered capital has been paid
- Signature specimen of the director
- Declaration of the manager of contributions that contributions have been paid by all shareholders/founders
- Approval on registration of the estate as the registered office of the company
- If company has one shareholder, affidavit of sole partner that he/she is not a sole partner of a limited liability company in more than two limited liability companies is required
Company, that can do business in Slovakia, enters into existence after registration in commercial register.
